Scholarship Prep

Organization Overview

Scholarship Prep is located in Santa Ana, CA. The organization was established in 2015. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Scholarship Prep employed 203 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scholarship Prep is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Scholarship Prep generated $19.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 35.2% each year . All expenses for the organization totaled $14.6m during the year ending 06/2021. While expenses have increased by 33.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE A UNIVERSITY-INSPIRED PATHWAY OF SUCCESS FOR ALL STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATING THREE PUBLIC CHARTER SCHOOLS SERVING ABOUT 1,072 STUDENTS FROM KINDERGARTEN THROUGH 8TH GRADE FOR 179 INSTRUCTIONAL DAYS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Claye T Cantwell
Food Services
$169,267
Procopio Cory Hargreaves & Savitch Llc
Legal Services
$169,302
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $19,154,494
All other contributions, gifts, grants, and similar amounts not included above$48,685
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$19,203,179
Total Program Service Revenue$0
Investment income $12,628
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $19,294,773

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Scholarship Prep has recieved totaling $11,519.

Awarding OrganizationAmount
American Opportunity Foundation

Huntington Beach, CA

PURPOSE: TO PROVIDE A UNIVERSITY-INSPIRED PATHWAY OF SUCCESS WHILE CLOSING THE ACHIEVEMENT GAP FOR ALL STUDENTS.

$6,180
Girard Foundation

San Diego, CA

PURPOSE: GENERAL

$5,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$339
View Grant Recipient Profile

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